Quick Tip: Don't Ignore Bathrooms If You Are Eyeing Good Returns on Investment
Buying and selling property in India can be a tedious process if the finer details are not taken care of. Lack of sale in the first year of listing in the marketplace raises questions on quality of building materials and pricing, among other things. In addition to the look of individual rooms, even the appearance of your bathroom can significantly influence the decision making process of a prospective buyer and result in a successful sale.
You should start by adding a fancy bathroom. If you are selling a home with 3BHK in New Delhi that only has two bathrooms, a larger family will have second thoughts about it because fewer bathrooms lead to morning queues. This may appear to be an insignificant thought during selling, but statistics show that apartments with additional bathrooms give a massive 48% return on investment, increasing the value of an apartment in India by almost 10%. Adding a gray color to the bathroom will give an impression of a bigger space in the same area, while giving the option of adding more colors that match with it to make the bathroom look elegant. Bathrooms for kids should be colourful with lesser amount of gray, because the main aim there is to make it look more playful.
Another reason to increase the price is that a bathroom makes the total space of the home look bigger, which naturally makes the need for the hike necessary. Expensive hardware fittings can further impress the buyer. Gloss paint that is water resistant, high quality tile or wood flooring, showers from the top brands, beautiful tap fittings, and elegant looking, sinks, and toilets all increase the value of the bathroom as well as of the home. Adding a bathroom right before selling a ready to move in apartment in India is a very good because you can invest a decent amount to make the bathroom look very special and recover the cost by selling the home at a higher price. If you are planning to resell your home this year, don't forget to reconstruct the bathroom.